SB 803 - Schmitt, Eric
Requires charter county assessors to provide taxpayers with information regarding the determination of assessed value
Bill Details
Sponsor
LR Number
3468S.01I
Title
SB 803
House Handler
N/A
Journal Page
Effective Date
August 28, 2010
Committee
Current Status
Second Read and Referred S Ways and Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 803 - Under current law, whenever any assessor in a charter county increases the assessed value of a property, he or she must provide the record owner of the property with a notice of increased valuation and a notice of such taxpayer's projected tax liability. This act would require all assessors in charter counties to provide a notice of assessment method and valuation in addition to the notices of increased valuation and projected tax liability. The notice of assessment method and valuation will provide taxpayers with the method of assessment, including any characteristics of the assessed property; comparable sales information; statistical models; calculations; and any other relevant information utilized in determining the value of the property.
JASON ZAMKUS